[191 Pages Report] The Sustainable Pharmaceutical Packaging Market size was estimated at USD 76.39 billion in 2023 and expected to reach USD 85.70 billion in 2024, at a CAGR 12.96% to reach USD 179.33 billion by 2030.
Sustainable production is a growing trend within the pharmaceutical packaging industry to use environmentally friendly materials, processes, and technologies to reduce waste and energy consumption while providing superior performance. Delivering comprehensive sustainability packaging programs for pharmaceutical and healthcare companies across the globe to reduce plastic in packaging design and reduce carbon footprint across the packaging supply chain. The rising consumer preference for eco-friendly packaging, growing pharmaceutical product production, and government initiatives for sustainable packaging are driving market development. However, the requirement of high capital for machine installation and operation and the risk of cross-contamination through eco-friendly materials may hamper the adoption rate of sustainable packaging in the pharmaceutical sector. Nevertheless, the emerging amalgamation activities among major players and the introduction of novel raw materials may create opportunities for market development.
Regional Insights
The EMEA region’s sustainable pharmaceutical packaging market is highly evolving and developing owing to advanced recycling facilities, rapid adoption of eco-friendly materials, and favorable government initiatives. Moreover, the European green deal ensures reusable packaging options, eliminates unnecessary packaging, limits overpackaging, and provides clear labels to support correct recycling, expanding the market scope. The Asia-Pacific region also covers a significant market share due to the substantial growth of the pharmaceutical industry in the province and the rapid inclination towards environmental protection. Further, governments of Asian countries, such as China, India, Thailand, Singapore, and Malaysia, are eagerly deploying novel regulations and guidelines to encourage people to adopt sustainable and eco-friendly packaging solutions, expanding the market scope. On the other hand, the Market is also widely explored in the American region as players are developing novel sustainable packaging solutions, such as plant-based packaging that uses corn starch, sugarcane, and cassava for pharmaceutical products.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Sustainable Pharmaceutical Packaging Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Sustainable Pharmaceutical Packaging Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Sustainable Pharmaceutical Packaging Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Amcor Group GmbH, Berry Global, Inc., Bormioli Pharma S.p.A., CCL Industries, Inc., Coleman Container limited, Comar, LLC, Constantia Flexibles International GmbH, Corning Incorporated, DaklaPack Group, Drug Plastics Group, Gerresheimer AG, International Paper, Intertek Group plc, IPACKCHEM Group, KP Holding GmbH & Co. KG, K?rber Pharma GmbH, Oliver-Tolas Healthcare Packaging B.V., Origin Pharma Packaging, PAPACKS Sales GmbH, Schott AG, SGD S.A., SIGMA Medical Supplies Corporation, Str?bel GmbH, Syntegon Technology GmbH, The Dow Chemical Company, Tri-pack Packaging Systems Ltd., Tubettificio M. Favia s.r.l., Vetter Pharma-Fertigung GmbH & Co. KG, West Pharmaceutical Services, Inc., and West Rock Company.
Market Segmentation & Coverage
This research report categorizes the Sustainable Pharmaceutical Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Material
- Glass
- Metal
- Paper & Paperboard
- Plastic
- Bioplastics
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET or PETE)
- Polypropylene (PP)
- Polystyrene (PS or Styrofoam)
- Polyvinyl Chloride (PVC or Vinyl)
- Packaging Type
- Biodegradable
- Recyclable
- Reusable
- Product Type
- Bags
- Bottles & Jars
- Caps & Closure
- Intermediate Bulk Container
- Medical Speciality Bags
- Pouches & Stripe Packs
- Pre-filled inhalers
- Temperature Controlled Packaging
- End-User
- Contract Packaging
- Institutional Pharmacy
- Pharmaceutical Manufacturing
- Retail Pharmacy
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Sustainable Pharmaceutical Packaging Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Sustainable Pharmaceutical Packaging Market?
- What are the technology trends and regulatory frameworks in the Sustainable Pharmaceutical Packaging Market?
- What is the market share of the leading vendors in the Sustainable Pharmaceutical Packaging Market?
- Which modes and strategic moves are suitable for entering the Sustainable Pharmaceutical Packaging Market?
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